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re: Mortgage applications/buyer demand dropped to a 28-year low
Posted on 2/22/23 at 5:56 pm to Hawgnsincebirth55
Posted on 2/22/23 at 5:56 pm to Hawgnsincebirth55
quote:
Does this mean the price of houses will go down?
Something has to give and the Fed is not cutting rates anytime soon
1
Posted on 2/22/23 at 6:58 pm to stout
quote:why does something have to give? Housing supply is still low, and the majority of the population either bought their new house or refinance over the past two years. They are set to ride this out. Personally, I feel like the situation will drag out, and there isn’t going to be some big crash
Something has to give and the Fed is not cutting rates anytime soon
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